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Friday, December 4, 2009

History of Trade

Friday, December 4, 2009

History of trade

I found a really good article on the history of trade.

I quote from the beginning of the article:

Trade provides mankind's most significant meeting place, the market. In primitive societies only religious events - cult rituals, or rites of passage such as marriage - bring people together in a comparable way. But in these cases the participants are already linked, by custom or kinship.

The process of barter brings a crowd together in a more random fashion. New ideas, along with precious artifacts, have always traveled along trade routes. And the natural week, the shared rhythm of a community, has frequently been the space between market days
Agricultural produce and everyday household goods tend to make short journeys to and from a local market. Trade in a grander sense, between distant places, is a different matter. It involves entrepreneurs and middlemen, people willing to accept delay and risk in the hope of a large profit. The archive found at Ebla gives a glimpse of an early trading city, from the middle of the third millennium BC.
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